Brief: Investar Bank, National Association To Expand Its Footprint In Texas By Acquiring Branch Operations From PlainsCapital Bank

Investar Holding

20/08/2019 11:18

Aug 20 (Reuters) - Investar Holding Corp  ISTR.O :
    * INVESTAR BANK, NATIONAL ASSOCIATION TO EXPAND ITS
FOOTPRINT IN
TEXAS BY ACQUIRING BRANCH OPERATIONS FROM PLAINSCAPITAL BANK
    * INVESTAR HOLDING CORP - CO'S UNIT, INVESTAR BANK EXPECTS
TO
ACQUIRE ABOUT $42 MILLION IN DEPOSITS AND ABOUT $52 MILLION IN
LOANS
    * INVESTAR HOLDING - IN ADDITION, INVESTAR BANK WILL ACQUIRE
SUBSTANTIALLY ALL FIXED ASSETS AT SUBJECT BRANCH, WILL ASSUME
LEASES FOR BRANCH FACILITIES

Source text for Eikon:  ID:nGNXc9PrMS 
Further company coverage:  ISTR.O 

 ((Reuters.Briefs@thomsonreuters.com;))